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NGO Condemns Bank Services in West Bank
October 18, 2017
The nongovernmental organization Human Rights Watch has released a report criticizing Israeli banks for providing services to Israelis in the West Bank as a violation of the UN Guiding Principles on Business and Human Rights.
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UN Seeks to Redirect Global Capital Toward SDGs
October 18, 2017
At the annual UN Private Sector Forum, UN and business leaders discussed ways to fundamentally reform the global financial system to drive “massive new investments” toward the Sustainable Development Goals (SDGs) via a “new principle-based approach” to global finance.
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Analysis Warns of Need for Massive Carbon Tax
October 17, 2017
The Guardian reports that a recent analysis from fund management group Schroders warns investors that governments must slash corporate profits around the world by at least $1.5 trillion through the taxation of greenhouse gas emissions to achieve the goals of the UN's Paris climate agreement.
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Bank Seeks Asian "Green Finance" Mechanism
October 17, 2017
The transnational Asian Development Bank has called for the establishment of a multilateral Green Finance Catalyzing Facility for the Asia-Pacific region to redirect funds from capital markets toward infrastructure financing that helps achieve the goals of the "sustainable development" agenda.
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Companies Adopt Financing Tools for Climate Agenda
October 17, 2017
Erin Hiatt of the Retail Industry Leaders Association illustrates how some of the world's largest retailers, under pressure by activists and international organizations to implement the global "sustainability" agenda, are establishing climate and energy financing mechanisms such as "green bonds" and "internal carbon funds."
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